Deteriorating balance of payments
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Please answer in 2-3 short paragraphs:
2) Why do you think that the net direct investment declined from $573 million in 1998 to $112 million in 2000?
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Solution Summary
The net direct investment is the net balance of capital dispersed from and into Turkey for exerting control over assets.
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The net direct investment is the net balance of capital dispersed from and into Turkey for exerting control over assets. The decline in net direct investment from 1998 to 2000 was due to lack of investors' confidence on Turkish economy. This was as a ...
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